In January 2021, there were six homes sold, with a median sale price of $522,500 - a 22.6% decrease over the $675,000 median sale price for the same period of the previous year. There were four homes sold in River Hills in January 2020.
The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 3% of the median home sale price for January 2021.
The following table compares River Hills to other Milwaukee County cities with similar median sale prices in January 2021:
City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
River Hills | 6 | 4 | 50% | $522,500 | $675,000 | -22.6% |
Shorewood | 7 | 10 | -30% | $380,000 | $416,650 | -8.8% |
Whitefish Bay | 34 | 25 | 36% | $377,450 | $502,100 | -24.8% |
Fox Point | 23 | 11 | 109.1% | $325,000 | $337,500 | -3.7% |
Bayside | 16 | 10 | 60% | $308,550 | $323,750 | -4.7% |
Wauwatosa | 115 | 86 | 33.7% | $257,500 | $239,750 | 7.4% |
Greendale | 22 | 26 | -15.4% | $253,000 | $180,000 | 40.6% |
Oak Creek | 46 | 53 | -13.2% | $231,450 | $188,000 | 23.1% |
Franklin | 67 | 56 | 19.6% | $222,000 | $257,650 | -13.8% |
Hales Corners | 5 | 6 | -16.7% | $220,000 | $215,300 | 2.2% |
Glendale | 34 | 28 | 21.4% | $193,750 | $181,650 | 6.7% |